FRS

(redirected from Flat Rate Scheme)
AcronymDefinition
FRSFamily Radio Service (US citizens band personal radio service)
FRSFisheries Research Services (Aberdeen, Scotland)
FRSFinancial Reporting Standard (UK Accounting Standards Board)
FRSFlorida Retirement System
FRSFemale Reproductive System
FRSForum des Républicains Sociaux (French: Forum of Social Republicans)
FRSFile Replication Service (Microsoft Windows)
FRSFellow of the Royal Society
FRSFire and Rescue Service
FRSFondation pour la Recherche Stratégique (French: Foundation for Strategic Research)
FRSFederal Relay Service
FRSFacility Registry System (EPA)
FRSFederal Reserve System
FRSFunctional Requirements Specification
FRSFonds de Réaménagement du Spectre (French: Redevelopment Fund Spectrum)
FRSFoundation for Rural Service
FRSFrame Relay Service
FRSFacial Recognition System
FRSFamily Radio Service
FRSFacility Registry System
FRSFont Resource
FRSFile Replication System
FRSFile Replication Service
FRSFrame Rate Scheduler
FRSFinancial Reporting System
FRSFleet Replacement Squadron
FRSFinancial Risk Solutions (various locations)
FRSFlat Rate Scheme (UK)
FRSFree Radical Scavenger (energy beverage)
FRSFaculty Research Seminar (various locations)
FRSFrontier Research System (est. 1986; Japan)
FRSFunctional Rating Scale
FRSFrame Relay Switch (Sprint)
FRSFire Research Station (UK)
FRSForward Repair System (US Army)
FRSWordPerfect Graphics Driver (file name extension)
FRSFleet Readiness Squadron
FRSFamily Reconciliation Services
FRSFinancial & Retail Services
FRSFace-Recognition Software
FRSFisher-Rosemount Systems (various locations)
FRSFreely Redistributable Software
FRSFirst Responder Service (LeadsOnline)
FRSFlores, Guatemala - Flores (Airport Code)
FRSFirefighters' Retirement System
FRSFlexible Route Selection
FRSFiltered Rayleigh Scattering
FRSFigure Rating Scale
FRSFormal Reporting System
FRSForum of Social Republicans (now Christian Democratic Party; France)
FRSFund Raising System (software)
FRSFoundation Routing and Switching (Cisco)
FRSFederal Response Subcommittee (US FEMA)
FRSForce Républicaine de Sécurité (French: Republican Security Force; Madagascar)
FRSFlorida Red Scale (house plants)
FRSFacility Record Sheet
FRSForce Retaliation Squad (gaming clan)
FRSFax Recovery Systems, Inc
FRSFfestiniog Railway Society (Harbour Station, Porthmadog, Gwynedd, United Kingdom)
FRSFrame Knowledge Representation System
FRSFluid Routing Solutions, Inc.
FRSForward Recoil Scattering
FRSFeedback Research Services
FRSFault Repair Signal
FRSFundamental Reference System (ITU-T)
FRSFirst Repository States
FRSFunctional Requirements Summary
FRSFleet Repair Service
FRSFocus Rallye Sport
FRSFirst return stroke
FRSForward Repair Ship
FRSFailure Reporting System
FRSFinancial Recovery Service, Inc.
FRSFactory Required Service
FRSFOMIS Requirements Statement
FRSFully Responsive System
FRSFamily Rating Scale
References in periodicals archive ?
A bad thing, in my view, is the removal of the flat rate scheme for VAT which allowed smaller companies to make a calculation based on turnover.
"It is high time that the government declares war against corruption," he said, a war which, according to him, requires "fight against tax evasion and parallel economy and rationalisation of resort to the flat rate scheme for some categories of liberal professions."
Although changes to the basic state pension in April 2016 will see the introduction of flat rate scheme said to be worth PS144 per week, this is still insufficient for many of us.
Still regarding the flat rate scheme, the new law provides for doubling the minimum flat fee set at 50 dinars for persons located outside municipal areas and 100 dinars for those who are located inside these areas.
FLAT RATE SCHEME: Firms with a turnover of less than PS150,000 can simplify things by calculating VAT payments as a percentage of total VAT-inclusive turnover.
These include a flat rate scheme where you only pay VAT on a flat percentage of your turnover (but you can't reclaim VAT on your purchases); retail schemes that allow VAT to be claimed on purchases linked to making VATable supplies while only accounting for VAT on sales on the basis of cash received; and cash accounting which means that you only pay (or reclaim) VAT on monies actually paid rather than due--great for cashflow and instant relief on VAT should you get a bad debt.
HM Revenue and Customs has issued new rates for businesses using the flat rate scheme which will need to be applied from January 4, 2011.
Under the flat rate scheme a business calculates its VAT liability as a fixed percentage of its turnover.
It has decided to refer a case concerning the VAT flat rate scheme for farmers in Portugal, which does not comply with the provisions of the VAT Directive (77/388/EEC), to the Court of Justice.
The concern surrounds the flat rate scheme where businesses with sales of less than pounds 150,000 can account for VAT at a designated percentage of their turnover.
"We offered a very good service, but the reality of it was that it was not sustainable," he added, alluding to Scarvagh's 'Flat Rate Scheme', which provided mare owners with keep, veterinary bills and transport in return for one single payment.
He will know that the Romanians are struggling with their IT software and may find the Commission makes the precautionary 25% deduction, agreed when Romania joined the EU, from the money for the Romanian farmers first payments under a simplified flat rate scheme - a pre-emptive strike, which will commend itself to the President.